MSMEs – UNIQUE FEATURES MSME sector employs about 60.00 million persons spread over 26.1 million enterprises. In terms of value, the sector accounts for about 45% of the manufacturing output and around 40% of the total export of the country. The sector contributes 8% to GDP, which is expected to raise to level of 10%.  Bank’s exposure under MSE sector has shown significant growth during the financial year 2009-10 and 2010-11 precisely, the sector grew by 59.72% and 33.56% respectively.

MSMED ACT
ENTERPRISES

&

DEFINITION

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MICRO,

SMALL

AND

MEDIUM

The Government of India has enacted the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 on June 16, 2006 which was notified on October 2, 2006Definition of Micro, Small and Medium Enterprises (engaged in the manufacture or production, processing or preservation of goods)  A micro enterprise is an enterprise where investment in plant and machinery does not exceed Rs. 25 lakh;

 A small enterprise is an enterprise where the investment in plant and machinery is more than Rs. 25 lakh but does not exceed Rs. 5 crore; and  A medium enterprise is an enterprise where the investment in plant and machinery is more than Rs.5 crore but does not exceed Rs.10 crore.

Investment in plant and machinery (irrespective of whether the plant and machinery are new or second handed), is the original cost excluding land and building and the specified by the Ministry of Small Scale Industries vide its notification No. S.O. 1722(E) dated October 5, 2006

3

MSE KIT

CENTRAL BANK OF INDIA

Definition of Enterprises engaged in providing or rendering of services and whose investment in equipment (original cost excluding land and building and furniture, fittings and other items not directly related to the service rendered or as may be notified under the MSMED Act, 2006)  A micro enterprise is an enterprise where the investment in equipment does not exceed Rs. 10 lakh;

 A small enterprise is an enterprise where the investment in equipment is more than Rs.10 lakh but does not exceed Rs. 2 crore; and
 A medium enterprise is an enterprise where the investment in equipment is more than Rs. 2 crore but does not exceed Rs. 5 crore.
 These will include small road & water transport operators, small business, professional & self-employed persons and all other service enterprises.

KHADI AND VILLAGE INDUSTRIES SECTOR (KVI)All advances granted to units in the KVI sector, irrespective of their size of operations, location and amount of original investment in plant and machinery will be covered under priority sector advances and will be eligible for consideration under the sub-target (60 per cent) of the small enterprises segment...

...Collect requirements
* What is the common reason why projects fail?
If you take up a moment to Google up reasons for project failure, the common reason that you’d find in most of the results is lack of clarity in requirements.
Three out of five research findings have reasons related to requirements -
* Unclear goals and objectives that change during the project
* Incomplete requirements
* Poor articulation of user...

...brief description of the project. The purpose of the requirement document is to specify all the information required to design, develop and test the software. The purpose of this project is to provide a friendly environment to maintain the details of books and library members. The main purpose of this project is to maintain easy circulation system using computers and to provide different reports.
1.2 DEFINITIONS
SRS – Software Requirement Specification...

...
INTRODUCTION
Requirement engineering is the first and crucial phase in the development of software. The main aim of the requirements engineering process is gathering of requirements. It involves set of activities like system feasibility study, analysis, validation and management of the requirements. There are many methods already exist to perform the requirements gathering process and the software...

...DETERMINE CUSTOMER REQUIREMENTS FOR ICT SYSTEMS AND SUPPORT SERVICES
AIM OF THE LESSON
 To determine who a customer is
 To determine customer requirements
 To determine steps to determining customer requirements
 To determine reasons for determining customer requirements
 To document customer requirement
DEFINITION OF CUSTOMER
A customer is anybody who has the right to demand for goods or services either...